Why has Blackstone picked a stake in start-up, Simplilearn?
Answer
Answer
Blackstone will acquire a controlling stake in Simplilearn Solutions for $250 million. Simplilearn is an education start-up which offers over 100 programs to help early to mid-career professionals. It is focused on specialized skills in cloud computing, data sciences, artificial intelligence, machine learning etc. The idea is to make employees, future ready.